2022
Exports
$471MWorld Rnk 18 / 145
Flag Rnk 152 / 1216
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$288MWorld Rnk 25 / 209
Flag Rnk 364 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $471M in Synthetic Rubber, making it the 18th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 152nd most exported product in United Kingdom. The main destination of Synthetic Rubber exports from United Kingdom are: Belgium ($160M), Germany ($42.8M), United States ($34.1M), Turkey ($32.3M), and France ($24.5M).

The fastest growing export markets for Synthetic Rubber of United Kingdom between 2021 and 2022 were Belgium ($35M), Turkey ($12.6M), and United States ($10.5M).

Imports In 2022, United Kingdom imported $288M in Synthetic Rubber, becoming the 25th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 364th most imported product in United Kingdom. United Kingdom imports Synthetic Rubber primarily from: United States ($79.6M), Germany ($52.8M), Netherlands ($28.2M), Belgium ($20.4M), and Japan ($15.1M).

The fastest growing import markets in Synthetic Rubber for United Kingdom between 2021 and 2022 were United States ($17.7M), Japan ($7.21M), and Russia ($6.93M).

COMPANIES In 2023, leading companies such as Amazon (3) were at the forefront of shipping Synthetic Rubber from United Kingdom to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-301k(-5.57%)
IMPORT GROWTH (August 2023 - August 2024)£2.71M(16.6%)
MAIN EXPORTER (August 2024)Dover Eurotunnel£2.97M
MAIN DESTINATION (August 2024)United States£1.18M

This section shows Synthetic Rubber's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Synthetic Rubber over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$471M
IMPORTS (2022)$288M
NET TRADE (2022)$184M

In 2022, United Kingdom exported $471M in Synthetic Rubber. The main destinations of United Kingdom exports on Synthetic Rubber were Belgium ($160M), Germany ($42.8M), United States ($34.1M), Turkey ($32.3M), and France ($24.5M).

In 2022, United Kingdom imported $288M in Synthetic Rubber, mainly from United States ($79.6M), Germany ($52.8M), Netherlands ($28.2M), Belgium ($20.4M), and Japan ($15.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$35M (28.1%)
Turkey$12.6M (63.5%)
United States$10.5M (44.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY United Kingdom WERE (2021 - 2022):
Netherlands-$22.1M (-88.7%)
India-$14.6M (-47.2%)
Brazil-$4.41M (-23.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Synthetic Rubber were:
In 2022, United Kingdom's main importing competitors in Synthetic Rubber were:

Explore Visualizations

Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $25.3M
TOP IMPORT POTENTIALGermany+ $14.2M

Synthetic Rubber’s highest export potential is China. With an export gap of $25.3M.   Synthetic Rubber’s highest import potential is Germany with an import gap of $14.2M.

See methodology.

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